Active engagement by executive sponsors remains the top driver of project and program success, according to a new research report from Project Management Institute. But sponsors are assigned to fewer than two-thirds of strategic initiatives, and overextension, communication gaps and lack of skills development often limit or inhibit their ability to be effective.
Market leaders in project portfolio management software join forces to bring on-premise, hosted and pure SaaS solutions to small and large organizations.
Poor requirements management is costing organizations $51 million for every $1 billion spent on their strategic initiatives, according to new research by Project Management Institute. But focusing on people, processes and culture can raise requirements management maturity and greatly improve outcomes.